Facebook and Groupon are struggling on the stock market. Skeptics are already counting down the days until the next tech bubble bursts.

Both companies had certainly expected a different initial public offering. Investors were eager to get their hands on shares from the two tech companies, and had to watch as stock prices plummeted. Several Dutch pension funds lost millions. For the start-up industry, this was an unwelcome development, now, new founders must persuade investors that the projections they make for their company aren’t overly optimistic and unrealistic.

The gold-rush fever that characterized the dot.com industry of ten years ago is gone. And hopefuly never to come back